BMO Capital Downgrades Equity Residential (EQR) to Market Perform
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July 28, 2016 7:08 AM EDT
Cantor Fitzgerald downgraded Equity Residential (NYSE: EQR) from Buy to Hold with a price target of $68.00 (from $75.00).
For an analyst ratings summary and ratings history on Equity Residential click here. For more ratings news on Equity Residential click here.
Shares of Equity Residential closed at $65.96 yesterday.
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July 26, 2016 5:49 PM EDT
Mizuho Securities downgraded Equity Residential (NYSE: EQR) from Neutral to Underperform with a price target of $60.00 (from $73.00).
Analyst Richard Anderson commented, "We are downgrading EQR to Underperform from Neutral based on a shocking third reduction to its same store revenue growth... More
July 26, 2016 4:31 PM EDT
Equity Residential (NYSE: EQR) reported Q2 EPS of $0.76, $0.02 worse than the analyst estimate of $0.78. Revenue for the quarter came in at $594.9 million versus the consensus estimate of $609.78 million.
GUIDANCE:
Equity Residential sees FY2016 EPS of $3.05-$3.11, versus the consensus of... More
